NYLI MacKay Short Duration High Income Class I (MDHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.52
+0.01 (0.11%)
Aug 5, 2025, 4:00 PM EDT
0.11%
Fund Assets1.77B
Expense Ratio0.77%
Min. Investment$1,000,000
Turnovern/a
Dividend (ttm)0.59
Dividend Yield6.23%
Dividend Growth0.03%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close9.51
YTD Return3.27%
1-Year Return5.93%
5-Year Return29.23%
52-Week Low9.26
52-Week High9.64
Beta (5Y)n/a
Holdings501
Inception DateDec 17, 2012

About MDHIX

MDHIX was founded on 2012-12-17. The Fund's investment strategy focuses on Short High Yield with 0.77% total expense ratio. The minimum amount to invest in MainStay Funds Trust: MainStay MacKay Short Duration High Yield Fund; Class I Shares is $1,000,000 on a standard taxable account. MainStay Funds Trust: MainStay MacKay Short Duration High Yield Fund; Class I Shares seeks high current income. Capital appreciation is a secondary objective. MDHIX invests at least 80% of its assets in high-yield debt securities that are rated below investment grade by an independent rating agency. MDHIX will generally seek to maintain a weighted average duration of three years or less.

Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol MDHIX
Share Class Class I
Index ICE BofA US HY BB-B Cash Pay TR

Performance

MDHIX had a total return of 5.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MDHAXClass A1.02%
MDHVXInvestor Class1.11%
MDHCXClass C1.86%
MDHEXClass R60.71%

Top 10 Holdings

13.07% of assets
NameSymbolWeight
Us Dollarn/a5.44%
Great Outdoors Group, Llcn/a1.19%
TransDigm, Inc. 6.75%TDG.6.75 08.15.28 144A0.92%
TransDigm, Inc. 6.375%TDG.6.375 03.01.29 144A0.86%
Churchill Downs Inc 5.5%CHDN.5.5 04.01.27 144A0.85%
TK Elevator Us Newco Inc. 5.25%THYELE.5.25 07.15.27 144A0.81%
Big River Steel LLC / BRS Finance Corp 6.625%BIGBRS.6.625 01.31.29 144A0.77%
Saks Global Enterprises LLC 11%SAGLEN.11 12.15.29 144A0.77%
Organon & Co 4.125%OGN.4.125 04.30.28 144a0.76%
T-Mobile USA, Inc. 2.25%TMUS.2.25 02.15.260.70%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.0537Jul 31, 2025
Jun 30, 2025$0.0457Jun 30, 2025
May 30, 2025$0.0505May 30, 2025
Apr 30, 2025$0.0493Apr 30, 2025
Mar 31, 2025$0.0494Mar 31, 2025
Feb 28, 2025$0.0449Feb 28, 2025
Full Dividend History